CNBC 1/13/00 - 7:34:18 AM ..... committee on the value committee but i do the technology work there.
Mark: So within technology, which do you think holds more promise, telecom world or the semiconductor world? I know they do cross paths but they're kind of separate worlds.
>> Actually, the best stocks last year were ones that crossed the paths, conexant, pmc sierra, i think telecom is a hidden surprise, it works for jds uniphase and cisco, and we own a lot of clecs in the fund.
Mark: Okay. On what theory do you own those?
>> The fact that we think there's a revolution coming in the technologies use to provide communications services and that smaller companies will be more adept at adapting those technologies, names like covad communications.
>> Ron, thanks, roll lapped, thank you, of the first american technology fund. |
